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Netflix LAYS OFF Estimated 150 Employees In New Round Of Layoffs

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First published at 21:57 UTC on May 17th, 2022.

#netflix
#business
#streaming

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Netflix hasn't been doing too good since their Q1 2022 Earnings Report came out. It looks like more layoffs are being used to solve their problems. But, the layoffs are coming in the Animation Division this time. Why would Netflix cut Animation when an Animated Show/Movie is always cheaper to produce than a Live Action Movie/TV Show? It makes no sense, IMO

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